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tv   After the Bell  FOX Business  December 2, 2019 4:00pm-5:00pm EST

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good idea. thanks very much. [closing bell rings] in is the closing bell. we close at the lows at least for the dow down 265 points on the beginning of the last month of the decade that will do it for the "claman countdown." see you tomorrow. melissa: stocks kicking off december in the red. all three major averages ending the day in the red for the second day in a row on trade uncertainty, and growing concerns about, you know, whatever. the dow ending down 259 points near session lows. i'm melissa francis. i'm kidding it is always about trade one way or another. ashley: i'm ashley webster in for connell mcshane. thank god the bell rang. melissa: here is what is new at this hour. president trump set to arrive in
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london. the commander-in-chief will sit down with world leaders at the nato summit after he criticized some alliance members for not paying their fair sure. what to expect from the president's meetings overseas. plus a cyber monday blowout. shoppers on track to spend $9.4 billion today following a history-making black friday but buyers beware, how stores are using some pretty tricky tricks to make you spend more money. we'll tell you those tricks. a powerful snow storm is creating travel chaos from coast to coast. we are live at the country's biggest airport. ashley: of course we have fox team coverage. deirdre bolton on the floor of the new york stock exchange, edward lawrence live at the white house, deirdre, let's go to you first at the nyse. reporter: ashley, the dow down 265 point. worst fall in seven weeks, selling across the boar. you reference the it at the top, the ism figure contracting for
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the fourth straight month. let's call it what it is, a gut punch on read on manufacturing and manufacturing activity and the like. also those trade concerns you and melissa were talking about. the global times, chinese state published newspaper, long story short the u.s. must remove tariffs in existence for china for phase one to go through. what is between the lines there as well, that the u.s. probably as far as the chinese are concerned should not be putting in the planned tariffs meant to go in on december 15th. we'll remind everybody, 160 billion, 15% on 160 billion worth on new chinese goods. worst dow performers, if you take a look, boeing, american express, united technologies. as far as some sector laggards. those are the dow drops but overall, if you look at these 11 groups that comprise the s&p 500, the worst real estate
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investment trust, which is pretty much an interesting play, melissa mentioned the statistic today being cyber monday, meant to be a record, we'll give it till midnight a record spending season. we're buying more and more goods. we're buying more from the phones. almost nine 1/2 billion dollars, if the number comes in, that is the estimate as per adobe analytics, if that nine 1/2 billion figure comes in that would be a pretty much a 19% increase from last year's holiday season. ashley: some people work, some people shop. deirdre, thank you. melissa: frustration weighing on the markets today. edward lawrence at the white house with those details. what is the latest, edward? reporter: the latest, the chinese through their state media as you heard deirdre allude to insisting that the u.s. roll back tariffs to get to the phase one trade deal. wilbur ross says of course they're asking to roll back tariffs. the tariffs brought them to the table to this point. wilbur ross goes on to say it is up to the chinese now to put
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that phase one deal on paper. listen. >> some parts of ip and other structural reforms will likely be in phase one. but for the most part, they will be in a later phase. so the real question is how far do they go this phase? then especially how enforceable? you don't have a deal on anything until you have a deal on everything. so, they're making progress but it is one step forward, one step backward. i do think that the president is 100% right. they want to make a deal. the question is, do they want to make a deal we can live with? reporter: our chinese tray sources say that the u.s. offered to remove some tariffs but keep the majority tariffs in place to make sure china follows through with some of their commitments. 15% tariffs are set to go on december 15th. those are still in play. that could be seen as sort of a deadline for the chinese to get the phase one deal down on paper. but the administration is now saying there is no timetable.
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listen. >> the president does not look at these artificial deadlines and say, you know, my new year's resolution is to get a deal with china before -- and no, we'll not calendar that according to an election or primary election. its happens when it happens. reporter: the u.s. trade representative says he wants to get to an ends to forcible deal. treasury secretary steve mnuchin says the entire intellectual property section would be in a phase one deal. before i go on, usmca, senator chuck grassley within the hour was on the senate floor saying he talked with both democrats and as well as administration officials. they say they are close to a final deal with usmca. grassley urged the house to take up ratification so the senate could finish that this year. now i have also heard that there is no final language on paper but they have near-final language that has been shown to democrats and republicans in the house and senate in order to get this done. i have also heard that mexico could be a hurdle in changing
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the enforcement part of this, but ultimately the feeling is, this deal will get done. back to you. melissa: right. they didn't have enforcement before and it's a better deal anyway. so no matter what. edward lawrence, thank you. ashley: inspiration from melissa. get back to the story. we've been talking about it at the top of the show, the biggest retail event of the year, cyber monday, online sales on track to break records after shoppers spent a mere $7.4 billion on black friday. this is according to adobe analytics who tracks everything. tracee carrasco at a best buy in warehouse in new jersey where i'm sure it has been a busy day. reporter: it has been a very busy day. workers are doing a team meeting because they have switched over with the shift. this is all hands on deck. this is the epicenter for e-commerce for best buy as they're busy fulfilling all
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cyber monday orders. as for projections we're hearing from adobe $9.4 billion in online sales today, that is up 19% from last year. so what exactly are people buying? topping the list clothing, home goods and small appliances, smart home gadgets, pcs and tvs. toys followed by travel and experiences. now, with best buy it is all about efficiencies. so what you're looking at right now, these are robots. they're a supplement to the how many workers. they sort through thousands of products for faster order processing this is how you are able to get your order by the very next day. i want to show you this computer tracking all the robots. you see where the robots are moving with your order. from here the items go to a worker who will sort items out. they are boxed up into a machine that creates custom shipping products to perfectly fit any item packaging which cuts down
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on cardboard waste by 40%. those expectations, we could surpass them because it has been a very wintry weather day. a lot of people staying inside, shopping online. the golden retail hour, that will be 10 p.m. until 2:00 a.m. eastern time. a lot of people getting those last minute deals. adobe analytics says 30% of today's sales will be brought in during those four hours. >> fascinating stuff, tracee especially so quiet behind you. there are no humans. melissa: let's check in with alicia acuna at an amazon fulfillment center in thornton, colorado, where they're working around the clock to deliver a record number of orders. alicia? reporter: we are here at one of the one of the 110 u.s. based fulfillment centers for amazon. this is the company's super bowl as they put it. the online giant employs 700,000 people worldwide but the only
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way they can get all those orders out so fast is with the help of their robotics. >> we have over 200,000 robotics units throughout the globe that are helping our associates pick, pack and ship, packages faster than ever before. of course we have more hiring that we're doing this year. so just more people working at amazon. also helps to get packages to customers faster as well. reporter: more than 300,000 folks work in the 110 fulfillment centers in the u.s. last year cyber monday was the company's single biggest shopping day. they're hoping to beat that today. the national retail federation predicts 68.7 million people will buy something online today. brick-and-mortars however, saw decline in black friday foot traffic. shoppertraks early estimate from black friday shows a 6.2 drop in sales over last year. folks still shop. they just did it online. analysts also say the days right before christmas and right after
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christmas are a great time to buy clothing. in thornton colorado, alicia acuna, fox news. melissa: buyer beware. while you're busy shopping for the holiday a new study revealing a few sneaky ways retailers could trick you into spending more money. her is curt knut son the cyber guy. thanks for joining us. some of the tricks once i read it, it is so obvious this has been done to me many times. we know about when you're checking out, all of sudden there are 20 extra bucks in the cart where they sneak on charges you don't know about until you're checking out, but another one of those fake clock urgency, you only got four minutes left in order to complete this transaction. are any of those things real? is that real? >> none. none of them are real. melissa, how are you? hi, ash? we're talking about right now 53,000 products were put to the test at 11,000 retail stores online. of that, there was an instant on
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at least 11% of those sites of this type of misleading behavior that is going on from some retailers. so you want to be on the lookout right now. when you sense that last-minute bait and switch or you are are told put in the email address, we'll quickly send you a coupon for five or 10% off, it doesn't show up, those are games they intend to play, continue to play, especially that sense of urgency. have you seen the social stuff that goes on? ashley: yeah. >> you're there, shopping, showing you all look like testimonials from the social media world and many of those have been proven not to be even real. melissa: no, yeah. they say sally says this is the best shampoo that ever used in her life i always wonder if sally exists or if she is a bot or works at company. one that is really tricky, you search for an item, it knows what you want, instead it gives awe more expensive item, does that happen a lot?
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>> not necessarily more expensive but for example, amazon coming under criticism in holiday season because you and i have gone on amazon plenty of times, we will serve for something, there it is as a first result. what people are finding more and more amazon is selling advertisements to other competitive products, putting them above results what you are truly searching for, trying to get people more enticed to opt in on products that are not necessarily exactly what you were looking for, and are not necessarily serving the consumer. melissa: no. even when you put in, i did it today with the ear pods for your iphone and one of the competitors that it is not actually, you can use it with an apple phone but wasn't what i wanted came up first. they're trying to get you to buy the substitute first and click on it. they look the say. i almost fell for it, but i realized it was so much cheaper it couldn't be the same thing. there is a lot of complaints about counterfeit goods on all kinds of websites, even silly things like clinique lotion, or
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stuff you would think what would be the point of counterfeiting that? still when you buy it online that can be the case. how do you protect against that? >> office of homeland security issuing a warning about this one, it is all over the place especially on cyber monday, right when the frenzy of shopping is happening. pop-up stores like you might see in a neighborhood, are popping up online, they will offer branded products like you mentioned clinique, i seen an apple watch listed for $118. guess what, it is not a apple watch. certainly is not a new apple watch, the takeaway on that one, way too big than a big box retailer is offering, guess what it is not real, it can't possibly be real. melissa: there is whole thing about people getting fake birkenstocks on amazon without knowing about it. it can happen anywhere. kurt, thank you so much. appreciate your time. ashley: i'm shocked sally is not telling the truth, lied about the shampoo. melissa: i like the sea shell
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shampoo. ashley: you learn something. challenges on the world stage. president trump set to arrive in london this hour as nato leaders prepare to meet for the 70th anniversary of the alliance. some critics worry that the impeachment effort back home could hurt the president's global standing. are they right? we're live in london with the latest next. melissa: plus the young and the confused. former vice president joe biden taking his campaign pitch to battleground iowa. his bus tour slogan has millenial voters sort of scratching their heads. the disconnect on the 2020 stage this hour. ashley: the box office blues. why critics.a finger at netflix for the drop in thanksgiving ticket sales. we'll be right back.
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buckingham palace tomorrow hosted by queen elizabeth. the president and world leaders will be headed there. the president also scheduled to have one-on-one meetings here in london with the president of france and german chancellor angela merkel. before leaving the white house today though, the president took issue with the house judiciary committee back in washington which is set to hold its first hearing into the impeachment inquiry on wednesday. that coincides with the nato meetings taking place here across the pond. >> this is set up a year ago. that when i'm going going to nato, that was the exacts time. that is the most important yearns we take as president. for them to be doing this, putting a impeachment on the table which is a hoax. reporter: white house counsel pat cipollone responded to judiciary committee chairman jerry nadler saying that the president will not be sending legal representation to that judiciary committee hearing on
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wednesday saying that the president is not being afforded due process and saying that the whole hearing so far, the whole process so far lacks fairness. nadler responded with a letter of his own just a little while ago, melissa, saying that the american people deserve transparency. that is what is transpiring in washington, here in london, expecting the president and first lady probably within the hour or so. melissa? melissa: blake, thank you. ashley: here to discuss the nato gathering is nile gardiner of the heritage foundation. nile, president trump says the transatlantic relationship is in a very healthy place and then you have french president macron calling nato brain-dead because it is just focused on money. where it nato as it celebrates the 70th anniversary? >> i can say nato is stronger today than it was three years ago and i think under president trump you have seen a significant increase in overall defense spending levels among
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most major nato partners and you have seen i think a greater commitment among nearly all nato member-states to the nato alliance. unfortunately emmanuel macron has been sending very negative signals in the last couple of weeks or so calling the nato alliance brain-dead and saying that the russians are not the enemy. very enhelpful comments. i think president trump's leadership actually has been working very postively for nato. he has put a great deal of pressure on the alliance to invest more in the common defense of the 29 nato member state and i do think you see more effective u.s. leadership on nato over the last three years than you have for some decades. so i would say overall nato is in better shape. more u.s. troops on the ground as well in eastern europe. and i think that you do have a president who is actually very committed to the transatlantic a alliance, the nato alliance.
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unfortunately you have a french president across the atlantic who is undermining nato with his comments and his appeasement towards russia. i think emanuel macrons interventions the last few days have been deeply unhelpful and you know, i think macron is trying his best actually to weaken nato rather than strengthen it. ashley: want to change directions if we can now, talk about the terrorist attack in london last friday. we now know that the person, the terrorist who conducted that had already been convicted and was released out of prison after what were considered very short amount of years and now we find out there is some 74 convicted terrorist host have been terrorists who have been released and who knows what they're up to. this is campaign issue with the election around the corner. what is your reaction about all this. >> this is an absolute outrage you have 70 isis, al cade-linked terrorist house are roaming
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around the streets of britain, we saw the results over the last few days with the london bridge attack. boris johnson, the prime minister, pledged to tighten the laws with regard to the early release of terror suspects. it is an absolute disgrace, that you see, very, very dangerous individuals being released early. as a result i think of a criminal justice system that is fundamentally broken in many respects. also you have european courts intervening time and time again to protect the rights of terrorists. that is an absolute outrage. ashley: we'll have to leave it there on that message. nile, thank you as always for joining us. we appreciate it. >> my pleasure. thank you very much. melissa: business alert, president trump just tweeting manufacturers are being held back by the strong dollar which is being propped up by the ridiculous policies of the federal reserve which is called
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interest rates an quantitative tightening wrong from the first days of jay powell. want to make sure you know who to blame. ashley: postholiday headache. millions of travelers hit by winter weather. officials warn some areas could face up to 20 inches of snow. we're live from the country's busiest airports where things stand right now. melissa: breaking her silence, prince andrew's accusers speaking out for the first time about her allegations against the late, disgraced jeffrey epstein and the duke of york. the royal fallout this hour. ♪. u.s. stock and etf trades. and, when you open a new fidelity brokerage account, your cash is automatically invested at a great rate -- that's 21 times more than schwab's. plus, fidelity's leading price improvement on trades saved investors hundreds of millions of dollars last year. that's why fidelity continues to lead the industry in value while our competition continues to talk.
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because she is outside. reporter: because it's cold outside. the snow has just stopped right now but it is still raining a few taxi drivers are saying it is crazy, very, very hectic to even get into laguardia airport but according to flightaware.com, they track flights, they say right now unfortunately the laguardia is the number one worst airport for flight delays in the united states followed by newark and o'hare. that means major economic woes for a lot of airlines. according to the faa it will cost each individual airline for every hour a flight is delayed, $4500. of course, passengers time is money. that means for each passenger about $63. a lot of passengers though seem to be optimistic. i spoke to one lady who says she rearen'ted her travel. listen. >> i got out of atlanta early today. so i got out on an earlier flight because i knew it would be a crazy mess when i got here. reporter: so that woman was
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playing it smart but i have to admit, i've been here all day. this board wasn't too bad. now you can see literally, this is american airlines, just one airline here in terminal b, covered. everything is practically delayed. now you're seeing four cancellations across the board. it doesn't seem to be getting any better, especially as the snow is still expected to come. throw it back to you guys in the studio. hopefully travelers will make it home? melissa: i changed my dad's flight to stay here longer. they gave me miles back for that. i got a little reward for keeping him out of the airport today. kristina. thank you. ashley: thanks for keeping your dad at home. melissa: keep him. keep him. ashley: let's get to jeff flock, nice and cozy inside o'hare in chicago. jeff it is not the weather in chicago, but when there is bad weather especially in the nor east there is that domino effect. reporter: there is. that has been effect all day. putting radar up on the screens
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so people see what it looks like. that is the trouble where kristina is and frankly where you are. at hoe hair, we're clearing. larry to the right, maybe more, or spin around behind you there. you look at the lines here. this is the security line right now. united, this is the united economy and almost no line. so that's major good news. i want to take you to the boards though. before i do, i want to show you the worst airports in terms of outbound delays. as kristina reported out, it is laguardia. with newark and boston with a lot of delays. if you get to the boards in chicago, this is the domino effect you're talking about ashley, new york, laguardia, newark, even the jfk flights either under air traffic control with delays or they're late, late aircraft coming in. all of those are delayed in some fashion but at this point none
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of them actually flat-out canceled. kristina is the bad news. i have to give you some good news. that is the good news, things seem to be headed better, if the snow continues to fall. we know what that is like in chicago. ashley: that you do. i have never seen the airport as empty. look at check-in the united counter. reporter: that is amazing, never happens to me. jeff flock, great stuff, thank you. melissa: hoping to breathe new life into his campaign. joe biden is launching a rather unusual 2020 slogan. it has some voters are saying okay, boomer. we'll talk to dan henninger from "the wall street journal" about what this means for the former vice president's white house chances next. my son said that to me over the weekend. i'm not a boomer. ashley: you're not a boomer. lori loughlin certainly isn't. her daughter olivia jade breaking her silence for the very first time since her parents were charged in the nationwide college admissions scandal. we'll have her comments later this hour. melissa: it is officially christmas at 1600
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♪. melissa: "no malarkey" mocked. joe biden's bus tour in iowa is underway by the campaign slogan is leaving some voters a bit
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confused, others snickering. here is how the presidential hopeful is describing the choice. >> we named it the "no malarkey" because the other guy is no lies. we want to make sure there's a contrast what we're talking abo here. melissa: i don't know about that. dan henninger from the "wall street journal" editorial board joins us now. he is also a fox news contributor. the only problem with that, joe biden has been caught in more than one untruth himself. so does he really want to bring this back up? >> well i, he most certainly wants to bring it up. i'm not hire to defend joe biden's malarkey but i think i will defend the use of the word malarkey. that is a old-fashioned word to be sure, calling the bus the malarkey express. melissa: he might be calling it the "no malarkey" express. i think the malarkey express would be awesome. sorry, go ahead. >> i think biden is trying to tap into something hire that
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trump himself did which is the sense modern culture, current culture somewhere went off the rails. what we need is a return to things that are old-fashioned. i would guess, melissa, for everyone of those people out there on twitter mocking joe biden about his use of the word malarkey, there are probably 100 people who think it is all right with them. they like to go back to things that are old fashioned. >> it cements in who he was in the beginning though. these are his base, if they get to the polls they will vote for him, if they don't have a heart attack before they get there or something like that. that is his crew. he will go out with his demographic and not try for youngsters that like elizabeth warren, that like bernie sanders, who are not spring chickens, obviously have more modern language. >> we'll see with that. it is still somewhat early. joe biden's base, he has more or less locked up african-american voters, right? he has got most of the older
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black, older democratic vote and i would guess a lot of middle-aged democratic voters as well. something has to account for that lead of is. so if he were to get the nomination, i think a lot of millenials voters would have to decide whether to come to grips with joe biden's malarkey or simply concede the election to donald trump. melissa: does it worry, while, certainly worries his campaign, how meaningful do you think it is how he is doing in iowa given he looks to have a very strong super tuesday? there are a bunch of races after that. he has, a strong lead in, but if you come in fourth in a very first race, what does that do to you know, sort of the buzz? >> i agree with that. i don't think joe biden can stumble very much. everyone has their eyes on him all the time, looking for him to make mistakes, looking for another misstep. boy, a fourth in iowa, finishing badly in new hampshire that would be a weak lead-in to super
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tuesday. i still think he can gut it out, but the "no malarkey" express could get derailed in the snows of iowa. melissa: line up the closing statement, from every debate. it makes absolutely no sense. talk about malarkey. there are words that don't belong together in sentences. you can't make sense of it at all. >> only thing that makes the democratic debates exciting whether joe biden will blow himself up. melissa: dan, thank you. ashley: take a "no malarkey" trip. out of this world a spacewalk to repair parts of a cosmic ray detector on the international space station happening today. phil keating has the details. reporter: hey there, good afternoon. nasa andrew morgan and european space agency astronaut luca went at it again today, their third successful spacewalk in the past three weeks, all part of a complicated series of spacewalks to repair the alpha magnetic spectrometer. here is look what happened during the six hour and two
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minute spacewalk, all happening 250 miles above the earth. gorgeous views of the earth. parmiento the current space commander ard morgan spent six hours last time. they did everything faster. they installed new pumps for the cooling civil of the spectrometer. three of the four pumps were no longer working. the scientific instrument that is the alpha magnetic spectrometer capture cosmic rays and unseen dark matter that makes up the nasa universe. nasa intended to repair it at all. to let it die in space whenever that happened. it was installed on the space station in 2011. it was only expect the to have a lifespan of three years. it has lasted eight years so far. without the spacewalks it would not have lasted much longer. more than 20 unique tools were designed specifically for this
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intricate spacewalk. the spectrometer is a key tool for scientists to put together the puzzle what the universe is made of and how it all began. nasa likened the four spacewalk job to heart bypass surgery because it is so complicated. they say it is the most complicated spacewalks since the repairs on the hubble stays telescope. ashley: very neat stuff. phil keating, thank you very much. great stuff. melissa: the hoops you will have to jump through to see one popular comedian's stand-up show. the contrast designed to keep the jokes in house. will this be a new trend? plus, deepening crisis for the british royal family. a first person account from prince andrew's accuser in the uk. we'll talk about the details, the shocks and possible consequences. ♪. k of verizon as a reliable phone company. (woman) but to businesses, we're a reliable partner.
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this is another bad black eye for the disgraced royal. we have attorney whitney boon joining us. could be more disasterous than the interview he gave where he didn't excuse his behavior? >> no, that interview was a lawyer's nightmare. i'm sure an even bigger nightmare for the royal family in britain because, my goodness. i just think he completely failed to give any meaningful explanations for her version of what occurred but also he, he made statements that just sounded so ridiculous and so demeaning in terms of, of what allegedly occurred here. they were not believable. ashley: whitney, how could this play out? the fbi if they want to talk to prince andrew, could they go to the uk or have someone in the uk do it for them? how does jurisdiction work here? >> well i think it's probably more after situation where they
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can make the request. then they will have to go through the proper channels to try to arrange for that to happen. i would imagine from the royal family's perspective it would be pretty wise for him to cooperate at this point. i can't imagine that they would not have him cooperate but of course, jurisdictionally there would be some hoop-jumping. there are treaties that exist between the united states and england and so i would assume that, they would honor that but still it would have to go through those channels. ashley: could charges be brought? the fbi maybe wants to talk to the duke of york but if these allegations become more widespread, more people come forward, could there be a scenario where he could be charged? >> certainly. i mean in terms of jurisdiction to be able to charge him, the united states can charge anybody they want to. it's a matter whether or not they can get that person to court in order to actually prosecute them. that is a separate issue. but, yes, i could see how they, if they found evidence that
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would support his being charged and let's say conspiracy to commit human trafficking or specifically sex trafficking. ashley: right. >> that, that would have to fit within the a statute of limitations obviously where the conspiracy would have to fall within a period of time as a beginning date and an end date in order for them to take the prosecution forward past a grand jury so in theory yes, he could be prosecuted. ashley: we'll follow it. whitney boan thank you. >> thank you. melissa: "saturday night live"'s pete davidson is making his audience sign a one million dollar disclosure agreement before attending his shows. so is the comedian going too far? who better to ask, than our own very funny david asman. >> the guy who always goes too far, david asman. melissa: there you go. what do you think about this? >> well, i'm still not exactly clear what -- one of two things. either he wants to keep his --
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secret. comedians are trying to do that doesn't last long. everybody, eventually if it's a good joke everybody wants a piece of it, but more bothersome is he trying to find a safe space. if he threatens to sue somebody, a million bucks if they criticize his routine, that seems -- who would want to go to a comedy show like that? it is comedy. it is not serious stuff. it is going to change the world. remember this is the guy who went after the vet who is in congress, dan crenshaw, who wears an eye patch because he lost an eye in combat. he made fun of it in one of the jokes. crenshaw came on "snl" and was a good sport about the whole thing but he pushes things to the limit. melissa: i think this is about money. i was at a show, an illusionist over the weekend, they were going around, anyone with a camera would make you show what was on there, delete it.
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they would throw anybody out if you took pictures. they didn't want to see the pictures positived online. he wants people to pay so come to his show and opposed to take video and post it on youtube. that is my take. >> comedian doesn't do sleight of hand tricks where you slow it down to figure out what the trick is. it's a simple joke. if you have a simple joke you're afraid about. don't say it. melissa: what will you say coming up? >> the, money for the wall has been a real bone of contention between congress and the president for a while. joe city arrington congressman for texas. texans care a lot about the sections of the border that are unprotected. the money for the wall will be gone soon. what will happen when you think of all the infighting going on in congress now, the bipartisan fighting? what happens when that money dries up? is there any chance it will be spent at all in the next year particularly if an election year? we'll ask the congressman about that. melissa: i'm sure they will send
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it back to us. >> absolutely. they always do that. melissa: david, thank you, see you at the top of the hour. ashley: only charge five bucks for a joke. i'm a bargain believe me, because they're so bad. ticket sales hit by streaming, critics slamming netflix for its new three hour film for this year's box office slump. we'll be back. there's a lot of talk about value out there. but at fidelity, value is more than just talk. we offer commission-free online u.s. stock and etf trades. and, when you open a new fidelity brokerage account, your cash is automatically invested at a great rate -- that's 21 times more than schwab's. plus, fidelity's leading price improvement on trades saved investors hundreds of millions of dollars last year. that's why fidelity continues to lead the industry in value while our competition continues to talk.
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they all lead here. cme group - how the world advances. melissa: holiday blues in hollywood, the box office down 16% from last year, and martin scorsese irish man premiered on netflix. can you blame scorsese for the box office this weekend. we all watched it. >> i have toy this -- i have too tell you, the home i was at we
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were also on the couch watching scorsese. but there are more films streaming, it is easier stay on your couch when weather is bad, and also you had the lunch of disney plus. what better streaming service, to keep family at home, and more cost efficient than bringing a family of 4 or more to theater, last year, there were more family-friendly movies at the box office. this year froze -- "frozen 2" broke the all-time thanksgiving day record. making about 20 million more. last year you had be bohemian r, and animated grinch film. the box office actually did have a win this thanksgiving weekend, there were a lot of original
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films. of course, 4242 of a sequel -- "frozen 2" was a sequel. the originals over performed what they were estimated. melissa: our favorite tv shows may be at risk, students are bracing for a writers strike. they have not scheduled any talks, and writers are without agents, does that factor into this. >> it does. as you said, the negotiations have not started, we anticipate they will start in beginning of the year, so the new deal has to end in may, last writer strike was in 2007, it lasted about 3 months, right now, not sure if one will happen. it is a strong hisbility, if it is strong possibility, if it is,
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it would probably be a shorter one. the whole landscape has changed. the last strike, now have you streaming. back then streaming was barely starting. and you have disney plus, and you hug hulu. melissa: before we run out of time, lori loughlin's daughter returning to social media, posting, i can't talk about the case but i'm glad to be back to. why is he back on? is anyone sponsoring her? >> she there was for money in first place, i don't know if anyone is sponsoring her, she did get deals pulled. she came back on to youtube, he has 1.8 million followers, she said i want to be back, take right steps in my life, but i can't say anything, she didn't.
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reporter: yeah, all right. thank you. >> the irish man of great, watch it, that is it for us. melissa: "bulls and bears" starts right now. david: fox business abetter, a t trump landing in the dark. for the nato meeting. as democrat continue their impeachment push at home, how much could that under cut the president's trip. this is "bulls and bears," thank you for joining us. hope you had a wonderful thanksgiving, i am david asman, joining me on the panel today. jonathan hoenig. and less peak, we go to blake berman. >>

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